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Over The Counter - Law Dictionary Search Results

Home Dictionary Name: over the counter

Over-the-counter market

Over-the-counter market, means the market for securities that are not traded on an organised exchange. Over-the Counter (OTC) trading usually occurs through telephone or computer negotiations between buyers and sellers. Many of the more actively traded OTC Stocks are listed on NASDAQ, Black's Law Dictionary, 7th Edn., p. 1130....


over-the-counter

over-the-counter 1 : not traded or effected on an organized securities exchange [ transactions] [ securities] 2 : sold lawfully without a prescription [ drugs] ...


Counter-claim

Counter-claim, the word 'counter-claim' in s. 19(8) to (11) which is equated to a cross-suit, includes a claim if it is made in an independent suit filed earlier, Union of India, v. Abhijit Tea Co. (P.) Ltd., (2000) 7 SCC 357: AIR 2000 SC 2957 (2965). [Recovery of Debts due to Bank and Financial Institutions Act, 1993, s. 19(8) to (ii)]By (English) R.S.C. 1883, Ord. XIX., r. 3, under the (English) Judciature Act, 1873, s. 24 (3); replaced by the (English) Judicature Act, 1925, s. 39 (1) (a), subject to the provisions of Rule 15, Order XXI, (exclusion of counter-claim), a defendant in an action may set off, or set up by way of counterclaim, against the claims of the plaintiff, any right or claim, whether such set-off or counter-claim sound in damages or not, and such set-off or counterclaim shall have the same effect as across action, so as to enable the Court to pronounce a final judgment in the same action, both on the original and on the cross claim. (As amended by (English) R.S.C. N...


Counter

Counter, the name of two prisons in London, the Poultry Counter and Wood Street Counter, afterwards consolidated into one new-built prison, for the use of the city, to confine debtors, peace-breakers, etc., Cowel.An advocate or professional pleader; one who counts (i.e. orally recites) for a client, Black's Law Dictionary, 7th Edn....


bank

bank : an organization for the custody, loan, or exchange of money, for the extension of credit, and for facilitating the transmission of funds branch bank : a banking facility that is a separate but dependent part of a chartered bank ;esp : a facility that performs some banking functions and is separate from a main office bridge bank : a national bank that is chartered for a limited time to operate an insolvent bank until it is sold central bank : a national bank that establishes monetary and fiscal policy and controls the money supply and interest rate collecting bank : a bank other than the payor bank that is handling for collection a negotiable instrument or a promise or order to pay money commercial bank : a bank organized chiefly to handle the everyday financial transactions of businesses (as through deposit accounts and commercial loans) cooperative bank : an association (as a credit union) owned by and offering banking services for its members ;specif : savings and ...


Brioschi

a type of antacid sold over the counter...


ginmill

A commercial establishment where alcoholic drinks are served over a counter a barroom a disparaging term suggesting a cheap or disreputable bar...


melatonin

A hormone secreted by the pineal gland Chemically it is N acety 5 methoxytryptamine Research has indicated that there are daily rhythms in secretion of melatonin in particular due to the depressing effect on melatonin production by light received by the retina Conversely it appears that melatonin may influence the circadian rhythms of animals There is some experimental evidence that administration of melatonin may increase the amount of sleep in people with sleep disorders However the evidence is not convincing and the effect is not profound Nevertheless the deregulation of melatonin and its availability over the counter has led to many people taking melatonin to help sleep without consulting a physician...


nonprescription

able to be sold legally without a doctors prescription over the counter of medicinal drugs as Aspirin is a nonprescription antiinflammatory drug Opposite of prescription...


over the counter

able to be sold legally without a doctors prescription of medicinal drugs Contrasted with prescription...


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